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Scan Based Trading
Whether you're a retailer or a supplier, you need to take a closer look at Scan Based Trading (SBT). It provides retail trading partners with a distinct competitive advantage through scan sales visibility that sets the supply chain in motion. Prescient SBT is a powerful tool which helps retail trading partners drive operational efficiencies, increase distribution, and extract top-notch performance from their supply chains. Our web-based application provides visibility into store-level product movement, allows suppliers to spend more time merchandising product, and removes time-consuming operational drudgery from the retailer-supplier relationship. This way, trading partners can focus were it matters most – at the store shelf.
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Retailers who are actively engaged in SBT have:
- Increased sales by almost $6000/year/store in some categories
- Reduced inventory by 10% - 30%
- Reduced back room hours and trimmed payroll costs significantly
Suppliers who have embraced SBT have:
- Increased sales through expanded distribution
- Gained an average of 14 minutes more for merchandising
- Increased route efficiency by 60%
- Shortened delivery time by 300%
- Reduced shrink by over 50%
And the results are clear: With SBT, retailers are seeing greater efficiencies in DSD receiving, lower operating expenses, no-hassle payments, and increased sales. Suppliers are seeing more efficient delivery processes, wider receiving windows, more time for in-store merchandising, and increased sales.
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